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The Investor's Podcast (We Study Billionaires)  - The Investor’s Podcast Network

TIP431: The Big World of Microcaps w/ Ian Cassel

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 18 March 2022

⏱️ 67 minutes

🧾️ Download transcript

Summary

Trey Lockerbie speaks with microcap expert Ian Cassel. Ian has been investing in microcaps for over 20 years & is a Co-Founder of the popular site MicroCapClub & the current CIO of Intelligent Fanatics Capital Management.  IN THIS EPISODE, YOU'LL LEARN: 03:02 - Why do microcaps get a bad wrap? 05:39 - How a few of the greatest investors got their start in microcaps. 14:46 - How to identify microcaps that could grow up to be macro caps. 23:14 - The psychology around cheaply priced stocks, including macro caps that do stock splits. 32:04 - The pros and cons of a highly concentrated portfolio. 47:18 - Ian’s strategy for finding profitable and sustainable microcap companies with great management. And a whole lot more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Microcap Club's Website. Ian Cassel's Twitter. Intelligent Fanatics' Books. Intelligent Fanatics Capital Management's Website. Trey Lockerbie's Twitter. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: HardBlock Human Rights Foundation Plus500 Netsuite Shopify Vanta Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0

You're listening to TI-P.

0:03.2

On today's show, we have MicroCAP expert Ian Castle.

0:06.8

Ian has been investing in microcaps for over 20 years and he's the co-founder of the

0:10.9

popular site MicroCAP Club.

0:13.2

He's the author of two amazing books on intelligent fanatics, a phrase coined by Charlie

0:17.6

Munger, and he's now the CIO of intelligent fanatics capital management.

0:22.4

In this episode, we discuss why microcaps get a bad rap.

0:25.8

How a few of the greatest investors got their start in microcaps?

0:29.4

How to identify microcaps that could grow up to be microcaps?

0:33.4

The pros and cons of a highly concentrated portfolio?

0:36.8

Psychology around cheaply priced stocks including microcaps that do stock splits?

0:41.4

Ian's strategy for finding profitable and sustainable microcaps companies with great management

0:46.1

and a whole lot more.

0:47.7

I thoroughly enjoyed speaking with Ian and I know you'll get a lot of great insights

0:51.8

out of this one.

0:53.2

So without further ado, please enjoy my conversation with the thoughtful Ian Castle.

1:01.6

You are listening to the Investors Podcast where we study the financial markets and read

1:06.6

the books that influence self-made billionaires the most.

1:09.8

We keep you informed and prepared for the unexpected.

1:22.0

Welcome to the Investors Podcast.

1:23.6

I'm your host, Tray Lockerby, and Man O'Man.

1:25.8

I'm so excited to have on the show Ian Castle.

...

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